Bitcoin Mining Training Coming to 30 Cities in India

March 29, 2018

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An Indian chamber of commerce is launching a bitcoin mining training program in 30 cities across India. The goal is to teach young people about bitcoin, cryptocurrencies, blockchain technology, crypto mining, and entrepreneurship to empower the rural population for self-employment.

Bitcoin Mining Training Program

Dalit Indian Chamber of Commerce and Industry (DICCI) is collaborating with social entrepreneur and the treasurer for Democrats Abroad India, Dr. Tausif Malik, to launch a training program for bitcoin mining in 30 cities across India, local media reported.

Established in 2005, DICCI is an industry association that promotes business enterprises for Dalits, a specific minority caste in India sometimes referred to as a depressed class. In some states, Dalits number up to 32 percent of the population, according to 2011 Indian census data.

Malik founded Mahabfic, a platform promoting investments in the State of Maharashtra for blockchain, fintech, initial coin offerings (ICOs) and cryptocurrency. “We are not promoting the technology, we are promoting the State of Maharashtra as the ideal destination for investing for development of technology & promotion,” the website states.

DICCI and Mahabfic will create the “World’s 1st & largest Bitcoin Mining Training Program (BMTP) for self-employment,” according to the announcement posted on the Policy Times. This program seeks to “empower the rural population especially the youth from the farming community to earn income from their hometown or villages, this would create new economic development in these areas.” DICCI founder and chairman, Shri Milind Kamble, commented:

The new blockchain technology is the future of technology development and taking the world by storm and bitcoin/cryptocurrency mining is a must for blockchain platform to operate. Hence, we felt the need to offer bitcoin/cryptocurrency mining training program (BMTP) to our youth on a nationwide scale for self-employment.

The program “will educate the students about blockchain technology, bitcoin/cryptocurrency mining, entrepreneurship, startups and business establishment,” the announcement also described, adding that “the first training program will be held in the month of May in Pune,” the city where DICCI is located. Malik commented:

India can be the next bitcoin/cryptocurrency mining hub of the world.

What do you think of this mining training program? Let us know in the comments section below.